Employee Benefits Managers in the United States tend to be well-versed in their field, and slightly less than three-fifths have more than 10 years of experience. Average salary is expected to be around $63K annually, but may range from $38K to $93K per year. Cash earnings for Employee Benefits Managers — including $10K in bonuses and $5K in profit sharing proceeds near the top of the pay scale — generally stretch from $38K to $93K depending on individual performance. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. The majority of Employee Benefits Managers claim high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$38,558 - $89,156
(Median)
$39K
$63K
$89K
MEDIAN: $62,598
10%
50%
90%

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$11.07 - $34.46
(Median)
$11
$24
$34
MEDIAN: $24.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Salary
$38,558 - $89,156  
   
Bonus
$246.58 - $10,229  
Profit Sharing
$0.00 - $4,637  
Commission
$15,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,848 - $93,262  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 129
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16$32$48
Hourly Rate
$11.07 - $34.46  
   
Overtime
$24.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Bonus
$246.58 - $10,229  
   
Commission
$15,500  
Profit Sharing
$0.00 - $4,637  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,848 - $93,262  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 10
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Job Description for Employee Benefits Manager

An employee benefits manager is a key member of a company's human resources management team. The benefits manager helps administer the fringe benefits for employees throughout the company. These are primarily healthcare benefits, but they also include things like retirement savings plans, vacations, and anything else the organization offers as an employment perk or incentive to employees. The benefits manager not only helps keep employees advised of their benefit options. This person also seeks to continually improve the cost and performance of these benefits in a way that balances costs to the organization, while remaining an attractive perk for hiring and retaining personnel.

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Employee Benefits Manager Tasks

  • Manage the selection, training and development of benefits staff who administer benefit programs and respond to employee inquiries.
  • Propose cost and time efficient changes to benefits programs, manage the annual benefit budgets.
  • Ensure compliance of all plans and programs with governmental regulatory agencies.
  • Manage vendors to ensure services are delivered within contractual agreements.

Common Career Paths for Employee Benefits Manager


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Employee Benefits Managers who go on to become Benefits Managers may see somewhat stagnant compensation. On average, a Benefits Manager, an upper-level role, pays $69K.

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Pay by Experience Level for Employee Benefits Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Salaries for the relatively untried average out to around $44K, but survey participants with five to 10 years of experience earn a significantly higher median of $63K. People with 10 to 20 years of experience make an average of about $71K in this role. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $69K by contrast.

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Experience Affects Employee Benefits Manager Salaries

Experienced
up arrow 13%

Late-Career
up arrow 9%

Mid-Career
0%

National Average
$63,000

Entry-Level
up arrow 30%

Skills That Affect Employee Benefits Manager Salaries

Regulatory Compliance
up arrow 21%

Benefits Administration
up arrow 3%

National Average
$63,000

Account Management
up arrow 20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.

Gender

Female
94 %
Male
6 %

Years of Experience

Less than 1 year
1%
1-4 years
20%
5-9 years
22%
10-19 years
33%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 76%
medical benefits
Vision: 64%
dental benefits
None: 8%
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